Stride invests $9m in Battery Smart and other India deals worth $66m

Gurugram-based Battery Smart, a battery swapping network for electric two- and three-wheelers, has raised about $9 million (Rs 75 crore) in funding from venture debt fund Stride Ventures, per an announcement on Thursday.

With this, the startup is looking to add more batteries to its network and expand to new cities across the nation, Stride Ventures said in a statement.

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